HomeMy WebLinkAbout0026 i. To pl~p ~nd conrinuousiy k~~p on ~he buitd~rpa now a hrr~~hM WW~q or ~~id 1~.?d ~nd on ~II ~qu~pm.nr •~d p..wn.~iy coy.+~d by ~h4 wwr~
~p~, w~tA al) p?qniunN ~henon p~,d in fuli, lir~ ~n~ui~nc~ ~n ~M ~~val ~~~nd•rd poi~ty lam, in •~un~ ~pp~ov~d by tM MOQiGAGEE. ~~d wuaMrww~
imw~nu In ~M wwl ~tu+dud pot,~y fan~, in •~um •pp~ov~d by rM INORiGAGEE. in wcA ca.~p~ny o. cw~+pan~N N th~ MORTWIGff wwr
dk~~ ~nd ~11 ftn ~nd w~arm inwrsnc~ po~~u~~ on any oi a~id bu;id,nps, ~ny inNr~~~ ~hN~in w pan ~Mrwt, ~n tM pp.p~~~ wn~ ~4a~w~d a
N? ~aq ~M.wl, ~MII ca+bin ~M ~swi s~u+dud mo.r9.~ cl~~s~ a~uch o~hK d~ua u ~M Mor~ppk m~y rpuw~. m~?wq r1y bu und~. ad po~E
NM. ~+d+ ~~d ~w+ri WYabl~ ro N~d MORTGAGEE i~~ in~~r~q may ~pp~. ind Hch ~nd ~ve~y ~uch poi~cy ~hal1 b~ promptly •~a9•Kd and d~~~v.~.d ro
u+y h~ld by wid MORTGAGEf a furtMr ~ec~riry ~o said ma~a~ d~bt, and nw 1~~ ~Mn ~~n (10) d~ys in ad~~nc~ of ~M •ap~ra~wn of ~ach po1Ky, ro dr
IivM fo NW MORTGAGEE • rN+~wal tM.wf, ~op~~h~r wi~A a rK~~p~ tor ~M p.Mnwen of sucf~ r~wd; u?d ~FN.~ ~hat1 br no fa~ o~ w~arw~ iiwr«w
pbad on ~np of uW bvildkpi. ~ny infe,qt fM+~~e w p~rt eA~rwi, unl~s~ in tl?~ forn~ u,d wi~h ~M lou payabl~ ~fw~Nid: ~nd in eM ~wM ~ny wrw
of mon.y b~con~a p.yabl. w+d.. •~ch polky a potK~s s.W MORtGAGEE ~Mil Mw ~I?~ opt~on ro~~wiw ~nd ~pply tM ~an» o~ ~coown d ~M L~bu6
Ms~ acw~d Mr~by w b p~rmi~ ~aid MpRTGAGORS fo ?K~iv1 u+d uN it a any pa~t tM+eof fw oiher pu,pos~~, w~~tio~t M~•eu~ wa:v~~y o~ anpair-
Inp ~ny pvity, li~n o~ ripht undK or by virtw of tAi~ mortyp~~ ~nd in tM ~v~n~ ~a:d MOAIGAGORS ~h+ll fa •ny na~on f~il to kNp rh~ s~,d p~misa ~o
iMUr~, o~ fatl b d~livM prompqy any of ~~~d polKies of imur~nc~ to ~aid MORTGAGEE. w fa~l pror~p~ly to p~y futty sny p.e+~~v.n ?hM~to~ a ln any -
?Hp~ct lall b pwfam, dixh~rqs, ~x~cur~, ~N~et, comp;eh, comply w~M ~nd ~Ei~ by fF~i~ (pv~Mnl, a~ny pa~~ iurwt, ~a~d Mc:RiGAGEE ~My p~K~
p~Y fa wch Imur~nc~ or ~ny put th~r~of wi~Aout w~ivin~ a~ff~dinp ~ny opt~an, li~n, puity. or riqM under a by virtve of tfws Mo.p~p~. ~nd rl,~
ivil amovnl ot Nch and ~vKy ~uch p~yment sl+~fl b~ ~.nm~diat~ly dw ar+d p~yabl~ snd ~MII bs~. inr~n~t f?om tM dat~ ti+~eeof un~U pa~d t!r ra~~ ol
nin~ pK cantvrn pe? ~nnum snd toyetl»r wi~h ~uch inrc.~ar shalf pe ~ecu.ed by 1M lien of thi~ mort9a~.
1. To pKmit. commit w wffer no wait~, impa'arrknt w d~teriwatiw~ of ~~;d prop~rty a any paf therlof.
S. To p~Y ~II ~nd ~trput~r t!w coats. charqa ~nd ~ap~nss~, iacludinp •~~a~on~bl~ ~nw.ry'~ (K u~d costa of ~b~t~act~ of tiH~, i.xw.ed a pa~d er `
~+W tbn~ by aid MORTGAGEE, b~cauN a irt th~ tvem of tM itilw~ on Ih~ pa~t of tM s~id MORiGAGOR 1o duly, proenptly ~nd fvli~r pe~form, d~schaq~
~a~cut~. ~ff~ct, c,pnplN~. oon,plY w~th ~nd ~b~d~ by each ~nd w~ry tM ~tipulawm, ~pre+m~nh, cond~riiwa, ~nd cowMnn of w~d prom~asory ~wh ad ~1ws
mon9~W ~~Y w~i~Mr. ~nd u~d coin. cMrgN •nd ~ap~nses. ~sth ~nd evKy. ~hsll b~ imn+ed~ately dve ~nd WYabJ~: whetMr a nw M~r~ b~ naice dr
m~nd. ~ttemp~ to colt~ct w wN p~nd~npj and ~M tull ~moum of Nch and w~ry ~uch paren~n~ ~MU b~~• MtffNl Irwn ~A~ dare rhsreof um~1 p~;d Nu
~~~e of nirr p~r c~ntwn p~r ~nnum; u+d all said cos~i, cha~pe~ and ~ap~~~e~ ~ncurrad w paitl, top~tMr w~~h ~uch intKNt, ~MU ~ zecu~~d by rh~ I:~n of eh;a
mwtpap~.
b. TMt in ~he ev~nt of any br~ach of th~~ Mor~yap~ o~ dd~ulf on ~tn part of ~M MORTGAGOR, or (b) i~ rhe tve~t ~ny of sa~d wm~ of ~na»y
Mr~in r~fKr~d to b~ not p.omp~ly ~nd fully paid w~rhin Mmr (3p) d.ys nea~ afre~ ~he ~•m. ~wu•ny become dw and p.~abte. w~+hou+ d~r+d a nor~ce.
Of ~C~ NI N1f ~YM1 f~C~1 1/1d ~Yf1~l ~M stip~l~rions, ~grMm~nta, con~,tioni ~nd cov~e»~y ot u~d pror~iuo~y not~ and th~s mw~pq~ ~ny or ~~N~t? ~h nw
l~ly. Pron+Ptly and lully p~rform~d. d~scharped. ~aecu~ed. ~ifencd. complef~d. compl~ed wi~h •nd ~b~dtd by. rMn ~n m~her w aoy sucA ~vem th~ sa~d a~
p~p+h su+n m~mion~d i~ uid promissory ewt~ ~hen remaininp vnpiid. wirh i~t~r~u ~cuwd and •tl mon~ys secwed !»rebY. shalf b~cwn~ du~ ~r+d pay.
abl~ fo?thwith, a th~n~fi~r, ~t tM option of taid MORTGAGEE, fully ~nd canpl~t~1~ ~s i1 all of th~ Nid turns oi enoeky v,~sr~ orqin~lly ~t~p~i~ted
to b~ p~id on ~uch day. ~~ythinp in u~d prom~isory no~e w in thi~ MarQp~ ro tM conu~ry notwirlur~ndinp: ~nd ~herwpon w tA~rc~h~r ~r rM opr.on of
uid MORTGAGEE, w;fiw~t notiu w d~mand, wit n I~w or in pu~ry. tM~~(ot~ qr tA~n~het bepun, may b~ praNCVted u if ~tl mwwy~ sscvr~d h~reby
Md n+atw~d prar ro in lm~~tution.
7. Th~1 ln tM ~v~nt that ~t tF,~ bpinn~np of or at ~ny tim~ pe~?dirg ~ny tvit upon this Mortpp~, ar ro faectok h. e? to reforn? h. a to enfor~n
paYnrnt ot arty dainu h~r~unde~. a~id MORTGAGFE sh~tt ~pply to tM Courf Mvinp jurl~dK~io~ tMrwf fo. tM ~ppo~ntrn~nt of ~ Rec~ivK. wcA CowY ahall
fo.fhwfth ~ppoint • r~'n~r of ~aid mo.tpay~d property ~II and ~inpuNr, includ~np •11 ~nd ~inyut~r tM incorn~. p.ot~n, ipwh ~nd nvr.wes /ro~ ,rM1~ve~
wu?a dKir~d. ~~ct+ ~nd w~ry ot wh~cA, i~ be~np expre~i:y undsr~rood. i~ h~r~by mar9psd a ii ~petific~lly aet fath and de~trib~d ln tM pru?~inp and
1++b~ndum c1~~sN A~nof, and ~uch Rec~ivN shall Mv~ ~II tM E.oad •nd •ff~ctiv~ funcr,on~ and powen in anywiq emrwt~d by ~ Court eo s R~ceivM, ~nd
•~+I••••...n~ d+.u b+ ~nad. by weA Coun ~a ~n ~dmiteed ecuitY ~nd ~ m~nK of ~bsolvu r~yht to Nid MORtGAGff. ~nd wiMour nfKMa w N»
adpuacy p in~d~quacy of th~ v~tw of ~h~ prop~.ry mprfpaped or to tM ~olr~ncy a inwiwncy of s~~d MORTGAGOR or i!» d~f~edw,», ~r,d H~t s,~ch
~~nrw p.oii». 4KOm~, iuuN ind nr~nw~ ~hall b~ ~ppli~d by ~uth R~c~iv~r ~ccordin~ to ~M il~n a pui~r of ~aid MORTGAGEE ~nd ~M praa;p of wcp
Co~A.
a. lo dvly. ao~~y .,+d t„ih p.,ro~, d;xha?p~. ea~cw~. ~ff~a, comP~~t~, con+ply with ~nd ~bid~ by ~acA N?d ~wry tl» ~tipuiation~„ ~n~rrt~.
oonditbns ~nd cov~nts in u~d promiuory not~ ~nd ~hi~ monpp~ Nt fa~h.
9. TMt In ~M w~nt tM own~nhlp of tM mort~p~d p~~m~~. a~ey p~rt tM.~of, b~canti wdd In • p~no~ orMr tMn ti+~ IMORTCd?GOR. th~
MORTG/IGEf, Ns ~~cuMOn ~nd ~p;prn, may, M,;rhovr ffpfK~ ro rM MORTGApR, d~al w~th ~uch svcc~uw or •uueuw in inhr~at wi~h nf~~.w b tl+a
morlpp~ ~nd tM d~b1 Mreby Ncw~d in tM sam~ m~nner u with Mortppw without In ~ny w~y vi~wtinp w d~aMrpir~ 1h~ JYlortypon' ~i~bi4~y 1wr
unda a upon ~M d~bt I+K~by wew~d. No ule oi ~h~ pr~enie~s Mr~by nanpp~d ~nd ~o forbNnna on ti,~ put of t1s~ 1NORTGAGEE a ha weps~ors
o. aatyra ~od no ~xqn~lon of riN tim~ for tM p~y?n~nt of tM d~pt h~r~by Ncv.~d plwn by tM MORTGAGEE or ir~ succ~uon ar as;p~n, alyy op~nw ~
ro rN~a~, di~charp~, modify dunp~ or ~ff~d th~ orip~~~1 liabi{ity of tM MORTGAGOR Mr~in, ~itl~ in wlwl~ or In p~rt.
10. It b sp~clfkNly pr~sd tMt tim~ i~ of th~ ssNnc~ of thi~ tontnct ~nd tFu/ no watvM of ~ny obtp~t~on ha~w+d~r a c{ th~ obtly~tio~ sr
a?rd hw~by shdl ~t ~ny tim~ eh~r~~h~r b~ Mld to b~ • w~iv~r of tM t~rma Mr~of w of tM In~trurn~et New~d Fy~by,
11. In ~dd~tfon to tM fapo'nq monthly payment~ of princ'pd ~nd im~r~~f rpuir~d by tM prom~uwy net~ aKw~d 1w~bY. rnafDpor oovww+t~
.nd apre~~ ro p~y ro monppe. w~fh •.cfi monrhir parm.nr ~n ~dd~ran~l ~um ~~t~m~t~d by rnwtp~pN b b~ pwI 10 1/12 of tM annual owt o( tiw fo1{pw-
lnp:
A-AI! red prop~rry ta:e~ I~v~ed or ~uesscd ~y~in~t tF,e abov~ d~acribed r~~l ~~tat~.
B-Pr~mivms on fir~ ~nd w;rds+a.m iniurane~ as Mrc~n r~qv;r~d to b~ e~rried on tM irnprov~eMnt~ sitv~t~ on th~ ~bow dtser;b~d pr~,
C-Premium~ on such mortg~ye yuuanty insuranc~ mortp~pe~ tM{I from rrrK to t~m~ d~~m fit to urry on the 1oM? aecured htreby-
Mort9spN shstl from~i~me ro r;m~ nor;Fy morr~a9or in wrir~np of th~ +rtwur?t dv~ ~nd p~y~bl~ Iw~under ~nd such xrr~+ sMll M~rruppn 6~ dw ~e~d
pay~bl~ on tM dw d~te of th~ ne:r monthty p~ymenr and e~ch ~ucces~iv~ month'rh~re~ft~r u~eil nqrfp~y~a shall norify rnprtyagpr pf ~ ch~~ M~u~1~
amouM. Such wms ~Mtl b~ appt~ed by mortg~9ee tow~rd th~ p~yrr»M of r~al proptrty ba~~, inwnnp prem:umt. ~nd enort~p~ O~~n~y ~ey~~
pr~mivms.
IN WITNESS WF,EQEOF, th~ t~id MORTGAGOR fi~~ he~w~to at hi~ h~nd and s~d tM d~y ~nd yr~r fint sfwtsaid. ~
S~pMd. SMtid ~ryd d~llvK~d in t11~ p?~s~nc~ of: ~1 ~
/ ~ ,
~ :f, ~
, ~7~',~% K ~ i tt i n ~
_ ~
~ ~ ~ L L~•~
~u~~n ~ Ewinn ~
STATE OF fIORIDA ~ , ~
St . Lu~ i c~ u• .
courm os - .
F:r,iLh R. L':Y~n~~ ~ '-~=~t~,
d~fa~ m~ pKwnally app~~nd
bH wff~. 1o m~ vrdl~~or~n ~n1f (t'nOwn b iM:~,t~i
M» lndhrldwb dNaib+d In who ~a~ewad tM fapoinp kutrumam. ~nd ~eknowl~dp~d b~fw~ eew th~t th~y ~s~t~d A~~s~ iw t1~C ~o~
r~,.?.~n •xp..M.d. Md r~,. i an n ~ I~~v i n~~ Z,,r • y~,Q ^,,c~ •
w~t. ot M. ..~d K e ~ t h i2 . E.v ~ n r, -~Y--~--
~x~ndeuYan p~ ~ g
by me t~4a~ N rst~ ~nd ~ n fian Mr ~~id bwb~n0, aknow?~dp~d ro~nd b~fon eew M~t aM ~a~ew~ wfd ~G!f~6qiM~(~!yy 1~~
arily ~nd withaA ~^Y con+Pula(on, constr~lm. ~pp.~h~ru7on, or f~ar of w fran Mr ~ald hwb~d. hy~,rrr ..•itl?~~
wITNESS my haed •nd oNtd•I ~..t ~hi. 1~ t h d•y of f~ eh r u a r ~ 0. 19
trot~ry w~f~~e+ ~ne ior tn~ st~r~ o~ ~iorid~ a i~rp~ -
R~twn 1a Mr ~xP~M`
Fkat f~d~nl Srvlnps a lwn /1~wti~t~on
Of Fon P~•,c•. ? ~atc o1 flw+~ +t u'iM '
Fo.t PN?u. F~atd. ~~u~ aub.:c. S• 30. 1930
~~~~s~ f,~p:tas An9•
a c...+r~ co.v!r
This Instrumsnt Prepaced By R~ T''~'' 4 F1tE0 ANO AEcORpEt
First Fed~r~l Sav+nfli b loan Assotistion Sj~aoCER~~uMTrFta.
of Fort Pierce POITA~S
' FOrt Pierte FlOrida 33450 r-rC1ERX._~, ~C~~TCe~ra- ~
Checksd BY - FEB « 3 09 PM ~18
:3938'74 ~ ` ` ~
' . • , tn'-,
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